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1519 W Randol Mill Rd 0.47 Acres of Commercial Land Offered at $199,500 in Arlington, TX 76012



INVESTMENT HIGHLIGHTS
- Lot is currently zoned residential, the new buyer could apply for commercial zoning but the neighbors would only support office buildings
EXECUTIVE SUMMARY
There are 2 large retail centers just west of the Fielder and Randol Mill crossroads-Fielder Plaza and Randol Mill West. Across the street is a small grade school, Wimbish World Language Academy.
The lots are about ½ mile S of I-30 which allows quick access to Dallas or Ft Worth and a 25 minute drive to DFW airport. With rezoning, these lots have many commercial possibilities The daily traffic count based on a 2019 traffic survey had 13,182 cars pass by this property daily. ***AI voice over on drone video available on the virtual link ***
PROPERTY FACTS
| Price | $199,500 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.47 AC |
| Property Type | Land | ||
| Zoning | RES - Residential-Single Family Home Can Be Rezoned For Commericial | ||
| Price | $199,500 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.47 AC |
| Zoning | RES - Residential-Single Family Home Can Be Rezoned For Commericial |
1 LOT AVAILABLE
Lot
| Price | $199,500 | Lot Size | 0.47 AC |
| Price Per AC | $424,468.09 |
| Price | $199,500 |
| Price Per AC | $424,468.09 |
| Lot Size | 0.47 AC |
Vacant 0.47 AC Lot with endless opportunities
DESCRIPTION
1519 and 1525 W Randol Mill are two separate lots. 1525 Randol Mill is .438 acres and 1525 is .475. Both lots are vacant and both have about 110 feet of road frontage to W. Randol Mill Rd. The 1519 property is a corner lot with access to West Randol Mill and Forrest streets. They can be purchased separately or together for a combined total of approximately .91 acres. They are at the intersection of Fielder & W. Randol Mill Rd. Currently, a Chipotle is under construction next to the 1519 property. Both lots are zoned commericial, only one single family home can be built on each lot. If you choose to rezone to commercial, the neighbors would support office buildings, but nothing else, as it has been tried before and shut down by the neighbors There are 2 large retail centers just west of the Fielder and Randol Mill crossroads-Fielder Plaza and Randol Mill West. There are many retailers to fit your immediate shopping needs, including a major grocer and many franchise-based food businesses. Across the street is a small grade school, Wimbish World Language Academy. This schools curriculum is to immerse students into a dual experience that puts them on an English-Spanish or English-French track. The lots are about mile S of I-30 which allows quick access to Dallas or Ft Worth and a 25 minute drive to DFW airport. With rezoning, these lots have many commercial possibilities and options are endless. The daily traffic count based on a 2019 traffic survey had 13, 182 cars pass by this property daily. AI voice over on drone video available on the virtual link
PROPERTY TAXES
| Parcel Number | 00733571 | Improvements Assessment | $0 |
| Land Assessment | $90,710 | Total Assessment | $90,710 |
PROPERTY TAXES
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1519 W Randol Mill Rd
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